Emil @ CPA Restaurant: Scrupulous records and legitimate business expenses are the key to less painful IRS audits
If you operate a business, or you’re starting a new one, you know records of income and expenses need to […]
If you operate a business, or you’re starting a new one, you know records of income and expenses need to […]
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of
2024 Q2 tax calendar: Key deadlines for businesses and employers Read More »
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a
Coordinating Sec. 179 tax deductions with bonus depreciation Read More »
If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter
The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So
Emil @ CPA Restaurant wrote: Maximize the QBI deduction before it’s gone Read More »
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax
Better tax break when applying the research credit against payroll taxes Read More »
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is
A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is
Taking your spouse on a business trip? Can you write off the costs? Read More »
Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of
What’s the best accounting method route for business tax purposes? Read More »